Tag: Budget

On 13th November 2018 the House of Lords debated the Chancellor’s Budget Statement. The Bishop of Chelmsford, Rt Revd Stephen Cottrell, spoke in the debate to highlight concerns about the environment, the two-child limit and fixed odds betting terminals.

The Lord Bishop of Chelmsford: My Lords, for many on these Benches there are measures to welcome in this Budget: for instance, the decision to increase the work allowances within universal credit for families with children and people with disabilities, as other noble Lords have mentioned. This goes a substantial way towards reversing the cuts announced in 2015. Likewise, the announcement of measures to aid the transition to universal credit, worth £1 billion over five years, is also welcome, as is the additional and non-repayable run-on support for new claimants to help people manage during the five-week waiting period before their first payment. However, I am disappointed that the run-on support does not cover the child elements of universal credit. Continue reading “Bishop of Chelmsford – Budget is missed opportunity for environment”

On 4th December 2017 the House of Lords debated the Chancellor’s 2017 Autumn Budget Statement. The Bishop of Portsmouth, Rt Revd Christopher Foster, spoke in the debate, focusing on the lack of news on social care and on defence, and calling on Government to take further action on Universal Credit:

The Lord Bishop of Portsmouth: My Lords, one of the duties in which I take particular pleasure is chairing the governors at Ripon College, Cuddesdon, just outside Oxford, a theological college at which men and women are prepared for ministry. It is known by those associated with it more colloquially as a vicar factory. Notices around the college remind the residents that, after night prayer or Compline, they are expected to abide by what is known as the great silence. It is not, I suspect, adhered to with the same severity as in years past. Indeed, one has a sense that the silence masks all kinds of feverish activity, all of it associated with theology, of course.

Last week’s Budget was characterised by a great silence on two issues, and that silence too hides, I suspect, feverish activity and fevered discussions on social care and defence.

Responding today (22nd November 2017) to the Chancellor’s Autumn Budget Statement, the Bishop of Birmingham, Rt. Revd David Urquhart, Convenor of the Lords Spiritual, said:

“The Chancellor’s Budget has gone some way to deal with the immediate problems facing our economy, housing and NHS, but it could have gone much further to help the many at the sharp end struggling to get by.

“Across the country churches support and are in touch with those who experience poverty or financial difficulty as a result of low pay, illness, or debt. The Budget statement provided an opportunity to make a difference to the lives of the most disadvantaged at a time when the cost of living is rising. The country faces substantial financial challenges and the growth forecast downgrades are worrying. But whilst the Chancellor has limited room for manoeuvre, there is more that could have been done to alleviate the situation of those who are struggling to manage. Deficit reduction is important, but should be achieved in ways that promote fairness, generosity, and sustainability. Bishops frequently raise these issues in the House of Lords and in meetings with ministers, and will continue to do so. Continue reading “Autumn Budget 2017 – response from Bishop of Birmingham”

On 15th March 2017, a statement by the Chancellor of the Exchequer on national insurance contributions was repeated in the House of Lords. The Bishop of Chester, the Rt Revd Peter Forster, responded to the statement.

The Lord Bishop of Chester: My Lords, I think I can paraphrase the remarks of the noble Lord, Lord Rooker, by saying:

On 14th March 2017, the Commercial Secretary to the Treasury, Baroness Neville-Rolfe, moved that this House takes note of the economy in the light of the Budget Statement. The Bishop of Chester, the Rt Revd Peter Forster, spoke in the debate, focusing on national debt and expenditure pressures.

The Lord Bishop of Chester My Lords, it is not only the last spring Budget, it is the last Budget in Lent. If we had any doubts, then the early speeches in this debate brought that Lenten theme home rather well.

I do not want to get into the details of the Budget, which are very political, but to talk about two broader, longer-term issues to which the Chancellor referred in his speech. The first, which has already been alluded to, is our national debt. Its rate of growth is forecast to slow in this decade, but that is stabilisation at a very high level, representing nearly £62,000 for every household in the country. Even at the current very low interest rates, servicing that debt costs £50 billion a year—more than the combined costs of defence and police services in this country. Continue reading “Bishop of Chester speaks about national debt and expenditure pressures in Budget debate”

On 23rd March 2016 the House of Lords debated the 2016 Budget statement. The Bishop of Portsmouth, Rt Revd Christopher Foster, spoke in the debate:

The Lord Bishop of Portsmouth: My Lords, in contributing to this debate and responding to the Chancellor of the Exchequer’s Budget Statement last week, to the subsequent events and to the debate in the other place, I welcome some proposals, express some surprise, and register disappointment—indeed, shock—at some of the measures announced. First, it is good to congratulate the Chancellor and Government on the intention to raise the tax free personal allowance to £11,500 this time next year. Lifting about 1.3 million people out of income tax is, of itself, welcome, although there are some potential drawbacks to which I will return a little later. Continue reading “Budget debate: Bishop of Portsmouth calls on Government to ‘set economic course with a stronger moral compass’”

On the 21st July 2015 the Bishop of Peterborough, the Rt Revd Donald Allister, spoke during the debate on the Budget Statement. The Bishop welcomed the new National Living Wage and asked for greater transitional support for employers and employees, as well as careful attention to phasing in the reduction in tax credits.